Business Ethics – The Enron Scandal

The Enron ScandalEnron was an energy and commodities company based in America which went bankrupt out of fraud perpetrated by the employees which was favored by professionals acting for the company. The scandal developed over time and it came to the public knowledge in October 2001 when the company was restating its financial statements to […]

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The Tao of Enron

The Tao of Enron is a book with a collection of stories of businesspersons who increased their profits by taking advantage over other people and using corruption to overcome competition. Such business executives ensure that they often have the most out of people who are working for them at their businesses. The book portrays a […]

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Enron Corporation

Introduction and Company Profile Enron Corporation used to be one of the American energy companies which were based in Texas (Houston). It was a company that had more than twenty one thousand employees and grew at a very high rate. Enron had gone to the top of the list of companies dealing with natural gas, […]

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Enron Argumentative

The corporate cultures of organizations in the United States and across the globe have been cited in the past as vital components in the management of businesses and organizations across the globe. In this respect, the existing corporate culture determines whether a business or organization would thrive or fail on the particular industry of operations. […]

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Application of Aristotle’s Nicomachean Ethics to the Enron Tragedy

The Enron top executives Ken Lay and Jeff Skilling have a perverted sense of the function of a person and what brings happiness. According to their speeches to their employees; direct instructions to traders and conversation among the executives what is the most important is money. They violated all the ethical principles in order to […]

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Sox Act of 2002

What is the Sarbanes-Oxley Act of 2002 and what is its purpose? The Sarbanes-Oxley Act of 2002 was designed and passed to protect investors of corporations from the possible acts of fraudulent accounting activities by corporations. The Sox Act’s purpose is to commend and force ethical business practices among businesses across all industries. The overall goal […]

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The Enron scandal

The Enron scandal is the name given to financial scandal Enron Corporation, an American energy company was involved in. the scandal eventually led the company to bankruptcy and the dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world. This was the largest bankruptcy reorganization in American […]

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Enron: The Smartest Guys In The Room Analysis

The movie starts with a man named Kenneth Lay, he founded Enron. The idea of the film is a documentary of how Enron was managed, and by who it was managed, and what scandals they were up too. The name of the movie “ Smartest guys in the room” was given because it was not […]

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Ethics: Accounting Scandals and Enron S Directors

1. Given strong profit growth, has there been any damage to Baidu.com’s reputation? 2. What would future reputational damage affect, and how could it be measured? 3. What steps could Baidu.com take to restore its reputation, and what challenges will it have to overcome? 4. Governments throughout the world have been slow to react publicly […]

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Personal Ethical Framework

According to Johnson (2012) leaders are powerful role models, and policies will have a little effect if leaders do not follow the rules they set. In Enron case, corruption and ethical misconduct were deeply embedded in their business culture where profitability was more important than ethics. In this paper, I will address the factors that […]

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Comprehensive Audit Case

1. There were several parties responsible for the “crisis of confidence” created by the Enron debacle. Enron’s executives were responsible for their behavior in trying to adjust their financial statements. Andersen’s auditors were responsible for not doing their jobs with integrity and not keeping their independence in from Enron. Regulatory groups were responsible for making […]

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